Financial Performance - In the first half of 2025, the company achieved operating revenue of 3.658 billion yuan, a year-on-year increase of 7.38% [1] - The net profit attributable to shareholders reached 121 million yuan, up 20.61% year-on-year [1] - The net profit excluding non-recurring items surged by 71.46% to 142 million yuan, highlighting the core business competitiveness [1] Market Dynamics - Domestic revenue reached 1.481 billion yuan, growing by 19.96% due to demand from cinema, education, stage performances, and cultural tourism [1] - Overseas revenue was 2.176 billion yuan, a slight increase of 0.22%, supported by global smart city initiatives and touring market expansion [1] Technology Advancements - The company reported over 500 million yuan in sales from Mini/Micro LED products, with sales area doubling [2] - Significant breakthroughs in MIP technology include the development of Micro LED without substrate technology and mass production of P0.4MIP products [2] - The company launched the MIP holographic invisible screen, achieving naked-eye 3D effects adaptable to various scenarios [2] Project Implementation - The UniOS display platform has been deployed in key projects, including the China Pavilion for the 2025 Osaka Expo and providing technology support for the 2025 CCTV Spring Festival Gala [2][3] - The company is investing 600 million yuan in a new production base for Micro & Mini LED displays and LED lighting in Nanchang [3] AI Integration - The company is enhancing its AI strategy by integrating AI technology into hardware, creating a comprehensive AI ecosystem for both B2B and B2C [4] - A strategic partnership with TechTure was established for AI upgrades in rail transit, marking a significant step towards large-scale deployment of AI products [4] - The company has launched AI emotional hardware products, including the AI holographic emotional companion cabin and "Little Monk" smart figurines [4] Research and Development - The company is advancing its AI capabilities through self-developed models and collaborations with academic institutions [5] - The self-developed "Shan Yin" model focuses on emotional companionship and cultural heritage, currently undergoing regulatory review [5] - A joint research institute with Zhejiang University is being established to develop multimodal models for traditional culture applications [5]